Beyond the hype of NFTs: The need to reimagine the value proposition of digital art

With crypto prices reeling this year, non-fungible tokens (NFTs) and other sub-ecosystem investors have also found themselves in the grip of a bear market.

However, looking beyond the trading value of Ether (ETH), NFTs were primarily created to represent assets and property in the real and virtual world. The bear market, as a result, has reignited discussions about how NFTs can pull back and focus on serving use cases as the market recovers.

In a conversation with Cointelegraph, Tony Ling, co-founder of analytics platform NFTGo, shared his thoughts on the NFT ecosystem, revealing the ecosystem’s expected trajectory.

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